Growth Metrics

Novartis Ag (NVS) Retained Earnings (2009 - 2025)

Novartis Ag recorded quarterly Retained Earnings of $45.4 billion in Q4 2025, up 10.09% quarter-over-quarter from $41.3 billion in Q2 2025, and up 4.87% year-over-year from $43.3 billion in Q4 2024.

Novartis Ag's Retained Earnings history runs 11 years deep, the most recent figure standing at $45.4 billion for Q4 2025.

  • In Q4 2025, Retained Earnings rose 4.87% year-over-year to $45.4 billion; the TTM figure through Dec 2025 stood at $45.4 billion (up 4.87% YoY), while the FY2025 annual figure was $45.4 billion, up 4.87% from the prior year.
  • Retained Earnings came in at $45.4 billion for Q4 2025 at Novartis Ag, up from $41.3 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $66.8 billion in Q4 2021 to a low of $41.0 billion in Q2 2024.
  • A 5-year average of $50.9 billion and a median of $48.5 billion in 2023 frame the typical range for Retained Earnings.
  • Across the five-year window, Retained Earnings grew 19.85% in 2021 and retreated 21.63% in 2023, its largest moves.
  • Novartis Ag's Retained Earnings stood at $66.8 billion in 2021, then declined by 12.36% to $58.5 billion in 2022, then declined by 21.63% to $45.9 billion in 2023, then declined by 5.62% to $43.3 billion in 2024, then increased by 4.87% to $45.4 billion in 2025.
  • According to Business Quant data, Retained Earnings over the past three periods registered $45.4 billion, $41.3 billion, and $43.3 billion for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn - -
2 Eli Lilly 969.00 Bn 963.72 Bn 16.22 Bn 29.51 Bn
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn -14.83 Bn
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn -17.87 Bn
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn 66.72 Bn
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn -190.00 Mn
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn 78.00 Mn
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn -7.20 Bn
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn -1.37 Bn
10 Gsk 88.34 Bn 83.66 Bn - 1.76 Bn

Historic Data

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DateValue
Dec 31, 2025 45.41 Bn
Jun 30, 2025 41.25 Bn
Dec 31, 2024 43.31 Bn
Jun 30, 2024 40.97 Bn
Dec 31, 2023 45.88 Bn
Jun 30, 2023 51.06 Bn
Dec 31, 2022 58.54 Bn
Jun 30, 2022 62.10 Bn
Dec 31, 2021 66.80 Bn
Jun 30, 2021 53.19 Bn
Dec 31, 2020 55.74 Bn
Jun 30, 2020 52.94 Bn
Dec 31, 2019 54.62 Bn
Jun 30, 2019 50.56 Bn
Dec 31, 2018 77.74 Bn
Jun 30, 2018 75.93 Bn
Dec 31, 2017 73.30 Bn
Dec 31, 2016 73.94 Bn
Dec 31, 2009 56.56 Bn